Maharashtra Govt Approves ₹22,250 Cr State Guarantee for Virar–Alibaug Multi-Modal Corridor Land Acquisition

The Maharashtra government has granted a ₹22,250 crore state guarantee to MSRDC for raising funds from HUDCO to acquire land for the Virar–Alibaug Multi-Modal Corridor. The approval comes with strict repayment conditions, escrow controls, and a revised financial structure approved by the Cabinet.

Nagpur–Gondia Expressway Gets Green Signal: ₹3,162 Crore Sanctioned for Land Acquisition

The Maharashtra government has approved the Nagpur–Gondia Controlled Access Expressway, sanctioning ₹3,162 crore for land acquisition. The 162.6 km project, to be implemented by MSRDC, will connect Nagpur’s logistics hub with mineral- and agriculture-rich regions of Gondia, boosting industrial growth and regional development in Vidarbha.